Kyrgyzstan’s Ministry of Finance has teamed up with local banks for implementing the “Improving Air Quality” project, aimed at supporting the transition of Kyrgyzstani households from coal heating to modern and environmentally friendly types of heating homes. The project received $50 million financing from the International Development Association. $31.8 million of that amount will be
In recent years, there has been growing interest among travelers in discovering new destinations and exploring off-the-beaten-path locations. To diversify tourism offerings and increase the duration of tourist stays, a new program entitled “The Fergana–Batken Tourist Ring” has been developed under the “Journey to the Enclaves” initiative. The route includes attractions in both Uzbekistan and
Kyrgyzstan’s state-owned Eldik Bank has become the first bank in Central Asia to join China’s Cross-Border Interbank Payment System (CIPS) as a direct participant. According to the bank, this strategic step opens up new opportunities for Kyrgyzstan to carry out direct and instant settlements in yuan with Chinese partners and other participants in the system,
On September 8, the airport in Naryn, the main city of the Naryn region in central-east Kyrgyzstan, opened after major reconstruction with the launch of regular Bishkek-Naryn-Bishkek flights operated by state-owned Asman Airlines. All regional airports built in Kyrgyzstan in the Soviet time were never repaired until the most recent time, and the Naryn airport
The volume of trade between Central Asian countries and the Gulf states (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) reached $3.3 billion in 2024, an increase of 4.2 times since 2020, according to the Eurasian Development Bank (EDB). Imports to Central Asian countries from the Gulf states accounted for 80% of
India’s Deccan Gold Mines Ltd (DGML) announced significant progress towards production at its Altyn Tor Gold Project in Kyrgyzstan, the first Indian-owned gold production facility in Central Asia, The Times of India reported. The project develops the Solton-Sary deposit, located at an altitude of 3,500-3,600 meters above sea level in the Naryn region, 355 km from
The opening of the Fruit and Vegetable Cold Storage and Logistic Center took place on August 29 in the village of Tort-Gul in Kyrgyzstan’s Batken region. The event was attended by representatives of the Korea International Cooperation Agency (KOICA), the NGO Good Neighbors, local government leaders, and community residents. At the opening ceremony, a representative
A groundbreaking ceremony was held in Kyrgyzstan’s Issyk-Kul region on August 27 for the construction of the Barskoon-Bedel highway, which will link the country to the Bedel checkpoint on the Chinese border, Xinhua reported. Kyrgyz President Sadyr Japarov said at the ceremony that the highway will strengthen Kyrgyzstan’s external ties, boost the economy and tourism,
On August 27, Kyrgyzstan President Sadyr Japarov took part in the official ceremony launching the underground gold mining project at the Kumtor mine. The head of state highlighted the importance of this project not only for strengthening the national economy but also for ensuring environmental sustainability. “The underground gold mining project is set to operate
On August 22, the Korea International Cooperation Agency (KOICA) and the Ministry of Education of the Kyrgyz Republic signed a Record of Discussion on the “Project of Establishment of Sustainable Environment for Enhancing Health and Nutrition in Schools through Home Grown School Feeding (HGSF) Program in the Kyrgyz Republic”. Minister of Education Dogdurkul Kendirbaeva, Ambassador of the
On August 22 in Bishkek, Kyrgyzstan President Sadyr Japarov and Kazakhstan President Kassym-Jomart Tokayev chaired the 7th meeting of the Supreme Interstate Council of Kazakhstan and Kyrgyzstan. At the start of the meeting, Tokayev noted that Kazakhs and Kyrgyz are fraternal peoples linked by a common history and destiny. “Today, relations between the two peoples
On August 20, a signing ceremony of the Record of Discussions between the Korea International Cooperation Agency (KOICA) and the Ministry of Natural Resources, Ecology, and Technical Supervision of the Kyrgyz Republic was held in Bishkek to officially launch the “Air Quality Improvement Project in the Kyrgyz Republic.” The ceremony was attended by the Ambassador of the
On August 20, the UK government announced a crackdown on Russia’s attempts to avoid western sanctions by exploiting Kyrgyzstan’s financial systems and crypto networks. According to the UK government, “with sanctions continuing to bite, Russia has turned to the Kyrgyz financial sector to channel money through opaque financial networks, including through the use of cryptocurrencies.
Over 800,000 Kyrgyz people —including migrants, their families, returnees, and aspiring migrant workers—will be transforming remittances, the money sent home by migrant workers, into a powerful financial tool that provides life-changing opportunities thanks to the new partnership announced on August 18 by the International Fund for Agricultural Development (IFAD) and Kompanion Bank, one of the largest
The United States has delivered 75 tons of U.S.-manufactured food worth nearly 22.4 million Kyrgyz som ($256,000) to the Kyrgyz Republic. The shipment, made possible through the U.S. government-funded International Food Relief Partnership (IFRP), contains a nutritious vegetable and legume mix for distribution to health and social care facilities and needy households, according to the U.S.
The Eurasian Development Bank (EDB) will provide a grant to the Kyrgyz Temir Zholu National Company under the Ministry of Transport and Communications of the Kyrgyz Republic to prepare a preliminary feasibility study for the investment project to construct the Balykchy – Cholpon-Ata railway. Azamat Sakiev, General Director of Kyrgyz Temir Zholu, and Iaroslav Mandron,
On August 14, Russian Prime Minister Mikhail Mishustin met with Kyrgyz President Sadyr Japarov as part of his official visit to Kyrgyzstan. Japarov confirmed Kyrgyzstan’s steadfast commitment to deepening, expanding, and diversifying its multifaceted cooperation with the Russian Federation across all areas. “Our active collaboration continues within regional integration frameworks, primarily the Eurasian Economic Union (EAEU), CIS, CSTO,
Kyrgyzstan and Central Asian Investment Holding, a subsidiary of Turkey’s İhlas Holding, have signed investment agreements on the construction of the Kazarman and Kokomeren hydroelectric power plant (HPP) cascades in Kyrgyzstan with a total capacity of 2,217 MW. The documents were signed on August 11 by Kyrgyz Energy Minister Taalaibek Ibrayev and Ahmet Mücahid Ören,
Both international analysts and Kyrgyz government officials warn that the continued GDP growth in Kyrgyzstan could be a sign that the economy is overheating. This is evident from the advanced growth in real incomes, rising inflation, labor shortages, and decreasing exports. According to the Eurasian Fund for Stabilization and Development’s (EFSD) “Regional Economic Outlook. Summer 2025,”
Kyrgyzstan’s Deputy Minister of Foreign Affairs Meder Abakirov received Bady Kebir, the founder of the international equestrian rally Gallops, which is taking place in Kyrgyzstan from July 21 to 26 with the participation of about 100 horse riding and equestrian sports enthusiasts from all over the world. Abakirov noted with satisfaction the holding of a
